Marcile Chrysler si Dodge vor fi retrase de pe piata din Europa, initiativa facand parte din planul noului proprietar Fiat de a revigora compania, potrivit Brandrepublic.com.
Ca parte a unui plan pe 5 ani care a fost facut public de Sergio Marchionne, directorul executiv al Chrysler, cele doua marci vor fi “redenumite” ca Fiat sau Lancia, [...]
President Barack Obama said Wednesday night that waterboarding authorized by former President George W. Bush was torture, and the information gained from terror suspects through its use could have been obtained by other means.
“In some cases it may be harder,” he conceded at a White House news conference marking a whirlwind first 100 days in [...]
Chrysler LLC cleared another major obstacle to its survival Sunday when it reached a tentative deal on concessions with the United Auto Workers union, helping it move closer to inking a vital alliance with Italy’s Fiat Group SpA.
The troubled automaker is just days away from a Thursday U.S. government deadline to gain concessions from its [...]
With a government-imposed deadline for massive restructuring less than a week away, Chrysler LLC and Treasury Department officials are still holding out hope that they can reach deals to keep the troubled automaker out of bankruptcy courts, two people briefed on the talks said Friday.
The wounded automaker already is living on $4 billion in government [...]
Taxpayers invested another $2 billion in General Motors Corp. this week as the struggling auto giant continued efforts to restructure and avoid bankruptcy court.
The Treasury Department said Friday it lent the additional money to GM on Wednesday to provide working capital. The loan pushes the total amount of GM’s government aid to $15.4 billion after [...]
Billions of dollars in government loans to prop up General Motors and Chrysler won’t be enough. The companies, which have received $17.4 billion so far, filed plans with the government more than doubling that request to a staggering total of $39 billion.
The requests, made in government-required restructuring plans filed Tuesday, were accompanied by plans for [...]